BitCoin is more similar to oil than it is to gold..except w…
BitCoin is more similar to oil than it is to gold..except when you "burn" it by paying mining fees, there is zero waste as the value goes back into the system
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It's even more similar than that, you refine it into useful sub-components, which you use to build other things, which you use to build other things, etc.
Oil is to energy as BitCoin is to information.